Question
Download Solution PDFWho was the Prime Minister during economic reforms 1991 in India?
This question was previously asked in
UPSSSC PET 24 Aug 2021 Shift 2 (Series A) (Official Paper)
Answer (Detailed Solution Below)
Option 1 : P.V. Narsimha Rao
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UPSSSC PET Official Paper (Held on: 15 October 2022 Shift 1)
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100 Questions
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Detailed Solution
Download Solution PDFThe correct answer is P.V. Narsimha Rao.
Key Points
- Economic reforms were launched in 1991 as the structural adjustment program and it was started by the then Prime Minister Narasimha Rao.
- India’s New Economic Policy was launched by the then Finance Minister Dr. Manmohan Singh.
- The economic changes first became visible in 1991 and radically changed the direction that the Indian Economy had pursued since independence towards a liberalized and open economy.
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